
There is growing optimism that a ceasefire in the brief war between Israel and Iran will hold, after it was touted by U.S. President Donald Trump.
What to know:
- Trump announced that Israel and Iran agreed to a ceasefire early Tuesday.
- Early in the ceasefire, both Israel and Iran appeared to violate it by firing non-lethal rockets.
- Since those initial violations, the ceasefire appears to be holding.
- Airspace restrictions have been partially lifted over Israel, and commercial flights are resuming.
- U.S. stocks posted gains and oil prices fell Tuesday on investor optimism the ceasefire will hold.
- An initial American intelligence assessment of U.S. strikes on Iran found that the strikes did not destroy core parts of Iran's nuclear program. The White House is mounting a campaign to convince the public the attacks "obliterated" Iran's nuclear capabilities.
CNBC reporters covered the Middle East conflict live on air and online, reporting from Washington, London, Dubai, United Arab Emirates, San Francisco, Singapore and Englewood Cliffs, New Jersey.
